Yorkville Toronto Real Estate

Yorkville, incorporated in 1853, was the first neighbourhood to be annexed by the city of Toronto. Officially part of the Annex neighbourhood, Yorkville is bordered by Yonge Street and Avenue Road on the east and west and Bloor Street and Davenport Road to the south and north. Formerly a hot-spot for hippies, the trendy neighbourhood now features brand-name boutiques, elegant hotels, classy condos and impressive commercial towers. Yorkville is synonymous with class and style and is extremely accessible. Yorkville is located near main transportation hubs including the Yonge-Bloor subway line and a five minute drive to the Don Valley Parkway. Even strolling along the sidewalks in Yorkville leave you feeling affluent as you take in beautiful gardens, modern lighting and outdoor art.

It’s no surprise that with all the luxe and glamour of Yorkville it is one of the hottest places to live in the city. Due to the neighbourhood’s status, condos in Yorkville tend to be more pricey compared to the rest of the city but you’re buying location convenience and style when choosing a condominium in Yorkville. For example, the new Four Seasons Hotel and Private Residences, arguably the best addresses to live at, sold its penthouse for 28-million dollars - approximately $3,000 per square foot. The building has other suites costing between $1,400 and $2,000 per sq ft. With a moderate density and buildings between 20 to 50 storeys, purchasing a condo in Yorkville means living the lap of luxury. This neighbourhood is ideal for singles, as 40 per cent of residents find themselves unattached, compared to an average rate 32 per cent for the rest of the city. In terms of pricing, you can expect a pre-construction Yorkville condominium to cost you approximately:

How Are These Number Calculated?

We’re glad you asked. There is no magic, just some good old math based on the most recent market activity.

The data is calculated and refreshed 4 times a day as properties are listed and sold.

Time Scope – 30 days prior to today.

Property Type
– Condo or House (commonly referred to as free hold in Realtor speak.)

Listings
– Updated every 10 minutes.

Avg List Price
– This is calculated from all properties that were listed in the last 30 days. Remember, we are giving you a window of the average list price for properties over the last 30 days. This can include properties that have already been sold during this period. It includes all properties with any number of bedrooms/bathrooms, but excludes things like lockers, parcels of land, or garages. In short, only houses or condos are included.

Avg Sold Price
– This is calculated from all properties that were sold in the last 30 days. We use the same set of filters as is used to calculate the Average List Price, but only look for sold properties. We update our data every 10 minutes to included new listings.

Homes For Sale
– This is pretty straight forward - this is the total number of properties available for sale in each neighbourhood.

Homes Sold
– Also pretty straight forward – this is the total number of properties that have sold in the last 30 days in each neighbourhood.

Avg List Price by Bedrooms – Same as the Average List Price BUT we factor in the number of bedrooms. Do you see some “anomalies” in those numbers? Some areas have large homes for sale with 5+ bedrooms. It can appear that the price goes down with 5+ bedrooms because there are fewer of those homes or they maybe income properties, rooming houses, or homes that need to be renovated. This may skew the average price – but in the end they represent a very accurate picture of what’s going on in the neighbourhood.

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